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LIFESTYLE DELIVERY SYSTEMS INC. (OTCMKTS:LDSYF) Plans For Grow Facility In California

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CFN Media Group posted publication of an article and interview covering LIFESTYLE DELIVERY SYSTEMS INC. (OTCMKTS:LDSYF) advancements in California ahead of full decriminalization of adult use pot on January 1, 2018. In the interview, the CEO Brad Eckenweiler is onsite in California showcasing the firm’s cultivation operations in its new facility. The article also comprises the firm’s plans for an additional facility in the area.

The details

Lifestyle Delivery recently submitted plans for a grow facility to be advanced on its ten-acre parcel in the Adelanto. The proposed facility will be an environmentally-regulated greenhouse efficient of producing more than 150,000 mature cannabis crops from seedlings every 100 days. The company intends to subdivide the center to lease to licensed and permitted grow entities that fulfill its strict requirements. Construction is anticipated to start before the close of fiscal 2017.

Brad Eckenweiler, the CEO of Lifestyle Delivery, stated that this facility will showcase around 20% of the raw cannabis material needed to fulfill the extraction, distillation and manufacturing requirements of LDS Scientific and CSPA. They will continue pursuing eligible contract cultivators for their product-specific cannabis genetics cultivation program. This will be required to fulfill the additional raw material requirements of the manufacturing facility and decrease their dependence on prevailing Northern California cultivators.

Lifestyle Delivery newly proposed center is intended to make the exact ingredients that are required for its sublingual, dissolvable CannaStrips as well as cartridges for its metered dosage items. In particular, the facility is intended to produce certain genetic strains which the firm considers will help and assist in treating specific ailments, ranging from pain management to improved sleep. The tightly regulated grow process will ensure that its offerings remain extremely reliable and consistent.

In the last trading session, the stock price of Lifestyle Delivery declined more than 1% to close the day at $0.380.

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